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Claremont, VA

The Best Mortgage Lenders in Claremont, VA

Compare verified mortgage lenders serving Claremont, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
300+
Reviews
10
Loan Types

Available Loan Programs in Claremont

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Investment Property
Home Equity

Featured Mortgage Lenders

1

Bayport Credit Union

Bayport Credit Union

★★★★☆
4.8/5

Bayport Credit Union stands out as one of the highest-rated mortgage lenders serving the Hampton Roads region, including Claremont. With exceptional 4.8-star ratings across multiple platforms, they offer personalized service and competitive rates. Their mortgage team specializes in first-time homebuyer programs and offers a wide range of loan products with local underwriting decisions. As a member-owned financial institution, they prioritize customer satisfaction over profit, resulting in consistently excellent reviews about their responsive service and smooth closing processes.

Experience:20 years
Reviews:85 customer reviews
4760 Euclid Road, Virginia Beach, VA 23462

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

TowneBank Mortgage

TowneBank Mortgage

★★★★☆
4.7/5

TowneBank Mortgage has built an outstanding reputation throughout coastal Virginia with their local decision-making and community-focused approach. They maintain strong 4.7-star ratings for their exceptional customer service and competitive mortgage products. Their experienced loan officers have deep knowledge of the Claremont and Surry County markets, offering specialized construction loans and portfolio lending options. Customers consistently praise their transparent communication, local processing, and ability to handle complex financing situations with expertise and care.

Experience:22 years
Reviews:120 customer reviews
600 Lynnhaven Parkway, Virginia Beach, VA 23452

Loan Types:

ConventionalFHAVAConstructionJumboRefinanceInvestment Property
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3

Old Point Mortgage

Old Point National Bank

★★★★☆
4.6/5

As one of Virginia's oldest and most established community banks, Old Point brings nearly a century of mortgage lending experience to Claremont homebuyers. Their 4.6-star rating reflects their commitment to personalized service and local underwriting. They offer particularly strong VA loan programs and construction financing, with loan officers who understand the unique aspects of rural and semi-rural properties in the Claremont area. Their long-standing presence in Hampton Roads ensures stable lending practices and deep community relationships that benefit borrowers throughout the entire home financing process.

Experience:98 years
Reviews:95 customer reviews
21 East Queen Street, Hampton, VA 23669

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Claremont, VA

What are the typical down payment requirements for homes in Claremont, VA, and are there local programs to assist with this?

In Claremont and the surrounding Surry County area, conventional loans typically require 3-5% down, but many homes are priced accessibly enough for buyers to manage this. The Virginia Housing Development Authority (VHDA) offers statewide programs like Down Payment Assistance Grants that are very applicable here, providing funds that do not need to be repaid to help cover down payment and closing costs for eligible buyers in Claremont.

How does Claremont's rural location in Surry County affect the mortgage appraisal process?

Due to Claremont's small-town and rural setting, appraisals can sometimes be challenging because there may be fewer recent, comparable home sales ("comps") nearby. Lenders familiar with the area will use appraisers experienced in valuing properties in Surry County, but buyers should be prepared for the possibility of a more complex appraisal that might look at sales in a wider geographic area, which could slightly extend the loan processing timeline.

Are there specific mortgage considerations for buying a historic or older home in Claremont?

Yes, Claremont has homes with historic character. For older properties, lenders will pay close attention to the appraisal and a thorough home inspection, as issues like outdated electrical systems, plumbing, or foundations could affect loan approval. Programs like the FHA 203(k) renovation loan can be a valuable tool here, allowing you to finance both the purchase price and the cost of necessary repairs into one mortgage.

What first-time homebuyer programs are most beneficial for Claremont residents?

Claremont buyers should strongly explore VHDA's First-Time Homebuyer programs, which offer competitive interest rates, down payment assistance, and tax credits. Additionally, the USDA Rural Development loan is a standout option for Claremont, as most of Surry County is eligible. This program offers 100% financing (no down payment) for qualified buyers and properties, which is ideal for the area's rural designation.

How do property taxes in Surry County impact the overall mortgage payment in Claremont?

Surry County has relatively low property tax rates compared to more urban parts of Virginia. This is a significant advantage for Claremont homeowners, as it lowers the monthly escrow portion of your mortgage payment. Your lender will use the current county rate to calculate this, but the overall tax burden is often more affordable here, improving homeownership affordability over the long term.

Mortgage Insights

Finding Your Claremont Mortgage Match: Why Local Expertise Matters

Searching for a "mortgage loan officer near me" in Claremont, Virginia, is about more than just convenience. It's a strategic first step in navigating our unique local market and securing the keys to a home in this charming Surry County town. While online lenders are plentiful, a local mortgage professional brings irreplaceable insight that can streamline your journey from hopeful buyer to proud homeowner.

Claremont’s real estate landscape is distinct. We’re talking about a mix of historic homes with character, newer subdivisions, and beautiful properties with acreage, all within a community-focused atmosphere. A loan officer based in the Tidewater region understands these property types, how they appraise, and what local sellers and listing agents expect. They have established relationships with local appraisers and title companies, which can help keep your transaction on schedule—a crucial advantage in a market where a well-priced home may attract multiple offers.

When you work with a Virginia-based professional, you gain access to specific programs designed to help buyers in our state. A knowledgeable local loan officer can guide you through options like the Virginia Housing programs, which offer competitive rates, down payment assistance grants, and closing cost assistance for eligible buyers. These programs can be game-changers, especially for first-time homebuyers or those with moderate incomes looking in the Claremont area. They can also advise on any county-specific initiatives or grants that might be available through Surry County.

Here is your actionable plan for finding the right local partner:

1. Prioritize Proximity & Presence: Look for officers who list a physical office in Surry County, Williamsburg, or the greater Hampton Roads area. They are more likely to have direct experience with Claremont transactions. A simple online search with "Claremont VA mortgage" or asking your local real estate agent for referrals is a great start.

2. Ask Hyper-Local Questions: In your initial consultation, ask directly: "How many loans have you closed in Surry County in the last year?" and "Can you tell me about specific challenges or opportunities in the Claremont appraisal process?" Their answers will reveal their depth of local experience.

3. Discuss Your Lifestyle: A good local officer will want to know *why* you’re choosing Claremont. Whether it’s for the peaceful rural setting, the commute to the shipyards or Fort Eustis, or the appeal of a tight-knit community, understanding your goals helps them tailor your mortgage strategy.

Your mortgage is more than a loan; it’s the foundation for your life in Claremont. Taking the time to find a loan officer who knows the lay of the land—literally and figuratively—provides you with an advocate who can navigate local nuances, unlock Virginia-specific benefits, and provide the personalized guidance you need. Start your search locally, and build your home-buying team on a foundation of community expertise.

Nearby Cities

Explore mortgage lenders in cities near Claremont, VA

Why Choose a Mortgage Lender in Claremont?

Local Market Knowledge

Lenders who understand Claremont's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Virginia.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Claremont and get competitive rates on your home loan.